3.85%C 7.22 11.94%GE 17.61 13.61%
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ROSEMEAD, Calif. - Southern California Edison, a division of power producer Edison International, said Monday it signed a 20-year contract with DCE, an affiliate of Caithness Energy, to provide up to 909 megawatts of wind power.
| EIX | 32.07 |  1.35 |
Financial terms were not disclosed.
The project involves the installation of 303 wind turbines across 30 square miles in north-central Oregon between 2011 and 2012. It's expected to generate 2 billion kilowatt-hours per year of renewable energy.
The project requires no additional or upgraded transmission lines, which will significantly lessen the time it takes for the power plant to come on line, the company said.
U.S. stocks made early gains on Tuesday, a day after the Dow Jones Industrial Average recorded its fourth-biggest point drop on record, as invest...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
Georgia Republican Sen. Saxby Chambliss handed the GOP a firewall against Democrats eager to flex their newfound political muscle in Washington, ...
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